0
If a husband is the primary on a loan and the wife is co-signer and they divorce who is responsible for a repossession?
Wiki User
∙ 17y ago
Both, and the judge or attorneys on both sides will come to a conclusion on who pays what. Both are responsible though. If the wife was a home maker the entire marriage you might be in trouble.
Wiki User
∙ 17y ago
Add your answer:
Earn +20 pts
If you are getting a divorce and your husband cosigned for someone who pays?
The husband, solely. Provided that his signature is the only one on the documentation as being the cosigner. If the wife's name also appears on that document, then both parties are responsible for the debt should the first payee default.
If you cosigned for a vehicle with your husband before you were divorced and are now divorced and the vehicle is repossessed can you be charged with grand larceny?
No, repossession is a civil action not a criminal one. You can be held financially responsible for the debt, though, regardless if the divorce petition states otherwise.
Is a wife responsible for a husband's student loans in a divorce in PA?
no she cant be because she did not take out the loans out
If you are the cobuyer of a car and also the cosigner and you have made all the payments and are ahead can the other buyer take the car?
Daughter and husband are getting divorce and she is the co-buyer can she take it out of state
Can ex husband civil sue you for car repossession amount due?
In the event (as I believe you are asking) you received the vehicle in the divorce settlment, and then the vehicle was repossessed, AND your exhusband was on the loan as the primary or cosigner, AND the lender has gone after him and secured some sort of payment (either voluntary or by garnishee), then yes. You contracted to pay the note. You received the vehilce by civil judgment (the divorce), that fact does not negate your responsibility on the original note, and if he has suffered damages due to your failure, then he can sue you and win.
What can be done to you in Florida if you are the cosigner on a vehicle that is up for repossession but your husband is in possession of the vehicle and they cannot find it?
They will come to you for the money if they can't find him. It will be on your credit as a repo as well. As a co-signer, you sign that you will take over payments if the signer fails to make the payments.
When two couples divorce and the ex wife is a cosigner what notification should she receive when his car is repossessed?
you lost your husband and a car too! They don't have to give you any notice. The divorce settlement should have included you being taken off the title with no financial responsibility whatsoever for the car.
If husband is owner of a vehicle but wife drives it who is responsible to pay the payments if they divorce?
If it is in the man's name, then the man is legally obliged to pay it.
Is there a divorce policy in Egypt?
Yes, but it is much harder for a wife to divorce her husband than for a husband to divorce his wife in Egypt.
Is an ex wife responsible for the medical bills of her ex husband in kansas?
The divorce split the two apart. There is no connection between the two individuals any more and she cannot be held responsible.
Can your husband filed a divorce in Illinois if you are pregnant?
Yes, your husband can file for a divorce in Illinois if you are pregnant.
What can you do if you and your husband co-signed for a car and you're now divorced and he was responsible for debt but didn't pay and the car was repossessed and sold and now he's threatening to sue?
If the responsibility for the debt belonging to your husband was a part of your documented divorce paperwork, you can basically tell your ex-husband he doesn't have a leg to stand on. If you don't have anything in writing that says your ex-husband, and NOT you, was responsible for the debt, you may be partly responsible financially.
